Siete Leguas Automotive is a leading manufacturer of aluminum automotive parts in Mexico.
Siete Leguas Automotive engages in the die-casting and machining of high-quality and high-precision aluminum components for applications that are part of the production process of Original Equipment Manufacturers in the automotive industry.
Why we invested
Siete Leguas Automotive has highly reliable and experienced shareholders and a seasoned management team. The company has a stable and relatively forecastable revenue stream with healthy margins. All of its revenues are denominated in USD while some of its costs are in MXN. Paired with the industry’s growth potential driven by e-vehicle growth and the new USMCA’s Rules of Origin, Glisco identified a clear opportunity to invest in a growing segment of the industry.